Auto Warranty Companies Fight For Your Business

extended auto warranty - The realm of auto warranty companies is a fiercely competitive one. You can find a limited variety of cars on the highway - granted, there are many them, and each one of them, at some time or still, has or had a warranty - but with the great number of companies fighting for the business of these drivers, this means that each and every car owner will be the target of some very hungry sales reps.

This can be quite a daunting position to be in for a car owner. Regardless if you are investing in a new car coming from a dealership, or investing in a second hand car, there will be people selling you their warranty services.

In the dealership, you could encounter a pushy sales person who can try everything they are able to to help you get to sign on for the extended warranty whenever you help make your initial purchase. There are benefits to buying during that time, including obtaining the costs of the warranty rolled up into the financing for that car, and understanding that your dealership will continue being the place to get any repairs or replacements done. However, these comforts could end up costing you hundreds or thousands of dollars over time. Sales people make huge commissions on warranties, so they're eager to obtain to enroll in one. If you sought out your own quotes from third-party extended warranty providers, but the price that is rolled into the financing will likely be a lot higher than it would. Granted, you will need to pay more up-front with those third-party companies, instead of adding a little number for your monthly car payment bills. However it would likely help you save money.

But just as not all car sales representative has gone out to rip you off, its not all third-party providers are excellent guys, either. The terms and conditions of the warranties they offer, although there are some risky ventures out there, so a wise shopper will compare not only the prices offered by these vendors. If a company won't let you review the warranty before you buy, don't waste your time or money - it's likely a scam, or just a really bad set of terms that will tie you to some big costs further down the road. Auto warranty companies will fight to gain you as a client, so use that in your favor. Compare prices, examine each of the regards to the warranties offered, and tell the companies you consult with “hey, make me the very best offer.” If they can't, someone else will.